The effect of the payment of liability is that it
...The effect of the payment of liability is that it
Increase both assets and liabilities
Increase assets and decrease liabilities
Decrease assets and increase liabilities
Decrease both assets and liabilities
Correct answer is D
No explanation has been provided for this answer.
The income and expenditure account of a club is the same as ...
The major point of agreement carried by the partnership deed is? ...
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Use the following information to answer the given question: SALES LEDGER CONTROL ACCOUNTS \(\be...
Which of the following is a factory overhead? ...
\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \t...
Use the following information to answer the given question. \(\begin{array}{c|c} \text{Net prof...